U.S. stocks could slip this week if the spate of earnings from bellwethers including Apple Inc and Caterpillar Inc do not live up to heightened expectations.
Geithner's Deficit Warning; Earnings Still Key; Antitrust Toy Probe
CME Group Inc, the world's largest derivatives exchange, is in talks to take over the Chicago Board Options Exchange in a deal that would value the largest U.S. options market at up to $5 billion, according to Crain's Chicago Business.
Stephen Schwarzman is rapidly becoming the king of the thrill ride.
U.S. stocks could slip this week if the spate of earnings from bellwethers including Apple Inc and Caterpillar Inc do not live up to heightened expectations.
Swiss bank UBS AG warned U.S. customers by registered mail their account details may be given to U.S. tax authorities, a method that could itself breach secrecy laws, a Swiss paper said on Sunday.
Sweeping rule changes meant to shed light on so-called dark pools, where stock-trading is done anonymously, could ultimately hurt the traditional investors that regulators are trying to empower, trading executives warned over the past few days.
Two Bank of America directors have been asked to testify before Congress on the bank's acquisition of Merrill Lynch and ensuing fallout, a source familiar with the matter said on Friday.
Billionaire hedge fund founder Raj Rajaratnam and executives from some of the most prestigious U.S. companies were charged on Friday with the largest hedge fund insider-trading scheme ever.
Billionaire investor Raj Rajaratnam, founder of Galleon Group was arrested on Friday in an alleged $20 million insider trading scheme that US prosecutors called the biggest ever involving hedge funds.
Billionaire hedge fund founder Raj Rajaratnam and executives from some of the most prestigious U.S. companies were charged on Friday with the largest hedge fund insider-trading scheme ever.
Bank of America Corp posted a $1 billion quarterly loss on Friday as consumer credit woes eclipsed investment banking earnings, underlining why the bank remains on a government respirator.
(Corrects spelling of McDonald's name in paragraph 4)
The FBI announced Friday they have charged and arrested Galleon Group founder Raj Rajaratnam and five others in connection with a $20 million insider-trading case.
Galleon hedge fund partner Raj Rajaratnam and five others were charged with crimes including securities fraud and conspiracy involving insider trading that generated more than $20 million in profits, U.S. prosecutors and the FBI said on Friday.
U.S. stocks fell on Friday after disappointing results from General Electric Co and Bank of America Corp illustrated the road to economic recovery is still bumpy.
Galleon Group founder Raj Rajaratnam and five others were charged with engaging in the largest ever hedge fund insider-trading scheme, generating profits of more than $20 million over several years, U.S. prosecutors, the FBI and the SEC said Friday.
Galleon hedge fund partner Raj Rajaratnam and five others were charged with crimes including securities fraud and conspiracy involving insider trading that generated more than $20 million in profits, U.S. prosecutors and the FBI said on Friday.
Merrill Lynch & Co's brokerage, the crown jewel that lured Bank of America Corp's chief executive into a takeover that ultimately cost him his job, is showing signs of a revival.
China Real Estate Information Corp about $216 million on Thursday with an initial public offering of American Depositary Receipts that priced within expectations.
Chinese developer Excellence Real Estate Group Ltd plans to raise up to $1 billion from a Hong Kong initial public offering, according to a term sheet obtained by Reuters on Friday, as it joins the ranks of real estate firms queuing to cash in on the country's property boom.
Two major European banks shed assets for little return on Friday, trading revenue for a chance to get unwanted properties off their books as they contend with pressure to bolster balance sheets and restructure.
